Sumner Redstone has expressed his opposition to Viacom’s plan to sell a minority stake in Paramount Pictures to help revive the studio’s fortunes, according to a report by the Wall Street Journal. The Journal reported Monday that Redstone had expressed his unhappiness with the plan announced in February by Viacom CEO Philippe Dauman to seek...
Similar Stories to Sumner Redstone Opposes Sale Of Paramount Stake: Report on Bing News
Variety Staff, Variety
Mon, 04/11/2016 - 3:11pm
BING NEWS:
- Inside Paramount’s Search for a Buyer: Apollo’s Letters, Redstone’s Rejections and ‘Party F’
Apollo tried seven times to gain a foothold in the bidding but ultimately lost out to Skydance's $8 billion deal, an SEC filing reveals.
11/27/2024 - 1:25 am | View Link - Redstone paid off $186M debt owed to National Amusements creditors, NYPost says
has agreed to pay $2.4B for the family’s entire National Amusements stake in an $8B deal that will lead to a merger with Paramount. Redstone is set to received $350M from the sale. Don't Miss our ...
11/19/2024 - 4:20 pm | View Link - Shari Redstone paid off $186M debt to Paramount’s lenders — with bulk of cash coming from Larry Ellison: sources
The 70-year-old daughter of the late media titan Sumner Redstone forked over $186 million last month owed to creditors of National Amusements — the holding company that owns 77.5% of Paramount’s ...
11/19/2024 - 9:11 am | View Link - Major Paramount Shareholder Hints at Potential Lawsuit Challenging Skydance Deal
The FCC filing follows legal maneuvering from Mario Gabelli, the largest holder of nonvoting shares, seeking access to Paramount's books.
11/12/2024 - 4:24 pm | View Link - Shari Redstone to Exit Paramount Global Board of Directors After Skydance Merger
The non-executive chair has the option of joining New Paramount's board, but does not plan to, an individual familiar with her plans tells TheWrap ...
11/5/2024 - 2:53 am | View Link - More
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